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Polycentric governance in collusive agreements
Schmal, Wolfgang Benedikt - 2024
widely examined. However, the interplay between the involved firms in a collusive agreement, i.e., the governance dimension … paper empirically reveals that polycentric structures within the cartel governance may contribute to longer duration and … aspects: The entangled governance structures of collusive undertakings as well as the relevance of polycentricity in the firm …
Persistent link: https://www.econbiz.de/10014481223
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Foreign Aid, Institutional Quality, and Growth
Young, Andrew T. - 2014
Using a panel of up to 116 countries from 1970-2010 we estimate the effects of foreign aid flows on a variety of measures of institutional quality. We find that aid flows are associated with the deterioration of both political and economic institutions. Regarding the latter, aid flows are...
Persistent link: https://www.econbiz.de/10013066104
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Self-employment, wage employment and informality in a developing economy
Bennett, John; Rablen, Matthew D. - 2012
We construct a simple model incorporating various urban labour market phenomena obtaining in developing economies. Our initial formulation assumes an integrated labour market and allows for entrepreneurship, self-employment and wage employment. We then introduce labour market segmentation. In...
Persistent link: https://www.econbiz.de/10009534099
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Risk attitudes and informal employment in a developing economy
Bennett, John; Gould, Matthew; Rablen, Matthew D. - In: IZA journal of labor & development 1 (2012), pp. 1-17
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361
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Self-Employment, Wage Employment and Informality in a Developing Economy
Bennett, John - 2012
We construct a simple model incorporating various urban labour market phenomena obtaining in developing economies. Our initial formulation assumes an integrated labour market and allows for entrepreneurship, self-employment and wage employment. We then introduce labour market segmentation. In...
Persistent link: https://www.econbiz.de/10013108903
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Labour Market Failure, Capital Accumulation, Growth and Poverty Dynamics in Partially Formalised Economies : Why Developing Countries’ Growth Patterns are Different
Loewenstein, Wilhelm - 2017
The assumption of perfectly functioning labour markets is ubiquitous in growth theory, yet incompatible with equally ubiquitous poverty in developing countries' informal sectors. We argue that developing countries and high-income countries differ as in the former, induced by informal sector...
Persistent link: https://www.econbiz.de/10012949535
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Import tariffs enforcement with low administrative capacity
Tonin, Mirco - 2010
Import tariff receipts represent an important share of government revenues in many developing countries and there has recently been a surge in empirical studies showing how evasion in this field is a pervasive phenomenon. In the case of import tariffs, the tax base is the product of quantity and...
Persistent link: https://www.econbiz.de/10008699856
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Removal of Protectionism, Foreign Investment and Welfare in a Model of Informal Sector
Chaudhuri, Sarbajit; Mukherjee, Ujjaini - 2002
The paper develops a three-sector general equilibrium model with two informal sectors with complete mobility of labour between these sectors and with a positive relationship between wage income and labour's efficiency to show that the results relating to foreign capital inflow and removal of...
Persistent link: https://www.econbiz.de/10014120772
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Removal of Protectionism, Foreign Investment and Welfare in a Model of Informal Sector
Chaudhuri, Sarbajit; Mukherjee, Ujjaini - 2002
The paper develops a three-sector general equilibrium model with two informal sectors with complete mobility of labour between these sectors and with a positive relationship between wage income and labour's efficiency to show that the results relating to foreign capital inflow and removal of...
Persistent link: https://www.econbiz.de/10014121701
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Economic Liberalization and Welfare in a Model of Informal Sector
Chaudhuri, Sarbajit; Mukhopadhyay, Ujjaini - 2002
The paper reexamines the conventional results relating to inflow of foreign capital, removal of protectionism and structural reform programmes, in a small open economy in terms of a two-sector general equilibrium model with an informal sector. The paper shows that in the presence of labor market...
Persistent link: https://www.econbiz.de/10014122457